Investors are also in two minds about fiscal policy.
IS-LM model and efficience of fiscal policy and monetary policy;
Keynes think that country should count out active fiscal policy to conquer economic recession, and fiscal income and expenses also have tight relation with monetary supply and demand, so, this thesis open the deflation's investigation eyeshot up to fiscal policy.
The responsibility of fiscal policy in periodic economic changes in Japan;
To analyze the specific economic situation in details and to adopt the appropriate fiscal policy accordingly is the soul and key to the fiscal macro-control.
Any fiscal policy concerning medical service cna constitute economic burdens both for families and the whole society.
Countries whose public finances are in the worst shape, such as Britain, should focus their tightening on fiscal policy.
This paper describes the regional difference in the relationship between positive fiscal policy and private investment using the panel data in eastern, central and western part of China.
Mr Mantega now accepts that expansionary fiscal policy has helped drive up interest rates and the currency, something he previously denied.
"It's quite necessary for China to increase strength on its fiscal policy as the economy faces downward and deflation pressure, " said Li Xuesong, an economist at CASS, told a media conference.
The forth part is conclusive. The active fiscal policy should only play an auxiliary role in the whole reform course and should not be overestimated about its effect and influence.
Another solution is to tighten fiscal policy.
For years, Greek fiscal policy had been unsound.
The effects of monetary policy, fiscal policy and stochastic shocks on economic growth were discussed in the end.
New energy fiscal policy is an important tool to promote new energy industry.
The influence of regional fiscal policy was reflected in there aspects: the fiscal system of the central government to the regional government, the regional revenue policy, and the transfer payment.
Good fiscal policy requires good and sound institutions to implement. Institutional reform should be designed and implemented on pace with the policy reform.
As fiscal policy is an important tool to implement this strategy, the imbalance of state revenues and expenditures regional distribution is inevitable.
The state must support export product upgrading, but not the use of currency exchange rate policy and fiscal policy should be used as export tax rebates, such as accelerated depreciation.
Its economy has weakened, yet the default path for fiscal policy is a hefty tightening as the Obama stimulus wanes, the states slash spending to balance their budgets and the Bush tax cuts expire.
Review of investment effect and expectation of fiscal policy;
However, fiscal policy is likely to tighten as several fiscal measures expire, knocking some 2% off GDP from January onwards.
Under such situation, the government decides to transit positive fiscal policy to moderate fiscal policy, to dull the inflation pressure from over hot of the economy, also to avoid fiscal risk.
Its off-budget funds may give it scope to run a counter-cyclical fiscal policy for a while.
According to China 's present fiscal policy of ecology and environment, the article analyzes the finance and tax policy of Beijing and adjoining regions, and offers some suggests.
The basic conclusions are, (1) the proactive fiscal policy achieves some anticipative goals to a certain extent, it is better to carry out the policy than not to carry out it.
Moreover, monetary policy cannot ignore fiscal policy.
The government has two basic strategies of fiscal policy available.
However, there are still problems with an investment-centred expansionary fiscal policy.
Retrospection to "Ninth Five Year Plan" Period and Prospect to "Tenth Five Year Plan" Period about fiscal policy in China;
The pressure to tighten fiscal policy in some parts of the euro area will make it hard for the ECB even to consider raising interest rates.
According to the theory of optimal currency areas, a central fiscal policy is necessary because a single interest rate will not suit conditions in all parts of a currency zone.
third, continuing to implement the pro-active fiscal policy and prudent monetary policy;
Generally speaking, the content of current fiscal policy support is relatively narrow which mostly pay more attention to fund subsidy, not a multidimensional fiscal support system.
taining the right direction and intensity of macroeconomic regulation and implementing the proactive fiscal policy and the prudent monetary policy
However, fiscal policy has its limits.
Under the changing exchange rate, how fiscal policy plays its role is more complicated.
Once again, much of this debate is over use of macroeconomic policy tools: should one tighten or loosen fiscal policy in a recession?
follow a pro-active fiscal policy
An emerging campaign strategy is to challenge the DPJ's fiscal probity, because it has expensive campaign pledges, too, but no plans for tightening fiscal policy.
So despite the difficulties and pressures we now face, with interest rates cut 7 times since the start of 2001 and fiscal policy supporting growth this year, I am cautiously optimistic.
There is only one kind of fiscal policy that can hope to bring about desired changes in aggregate demand.
Fiscal policy transmission mechanism directly reflects the efficiency of the market mechanism and it also affects the effects of fiscal policy.
An irresponsible fiscal policy could easily add to the problem.
Such timing would of course make fiscal policy an aggravator of instability, not a reducer.
Since the currencies of the three countries are closely linked to the euro, monetary policy can not offset the sharp decline, and fiscal policy can not do anything about it.
In Japan's case, such hopes have led it repeatedly to tighten fiscal policy before private demand was strong enough to sustain a recovery.
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